Priority Technology Holdings, Inc. (PRTH) Balance Sheet
PRTH balance sheet, 2025
December 31, 2025 · U.S. dollars$2.40B assets = $2.49B liabilities + −$92.4M equity
Liabilities exceed assets: shareholders’ equity is negative (−$92.4M).
Both columns are drawn to the same scale: what PRTH owns equals what it owes plus shareholders’ equity. Hover a block for its value.
PRTH financial health
Descriptive bands, not a rating. Fiscal 2025.
PRTH balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $55.2M2016 | $2.40B2025 | +52.1%/yr | |
| Total liabilities | $1.2M2016 | $2.49B2025 | +133.4%/yr | |
| Shareholders’ equity | $53.9M2016 | −$100.4M2025 | — | |
| Cash & short-term investments | $362,5352016 | $77.2M2025 | +81.4%/yr | |
| Total debt | $27,5002016 | $1.05B2025 | +222.8%/yr | |
| Net cash (debt) | $335,0352016 | −$969.3M2025 | −$969.6M | |
| Working capital | $268,6492016 | $104.7M2025 | +$104.4M | |
| Book value per share | −$1.532018 | −$1.232025 | — | |
| Current ratio | 2.792016 | 1.072025 | −1.72 | |
| Debt / equity | 0.002016 | 5.762023 | +5.76 | |
| Shares outstanding | 61.6M2018 | 81.5M2025 | +4.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PRTH assets
PRTH liabilities and equity
PRTH debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
PRTH balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $77.2M | $58.6M | $39.6M | $18.5M | $20.3M | $9.2M | $3.2M | $15.6M | $172,196 | $362,535 |
| Cash & equivalents | $77.2M | $58.6M | $39.6M | $18.5M | $20.3M | $9.2M | $3.2M | $15.6M | $172,196 | $362,535 |
| Short-term investments | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Receivables | $93.4M | $71.6M | $60.0M | $79.6M | $58.7M | $43.5M | $39.3M | $37.2M | $47.4M | $35.7M |
| Inventory | $0 | $0 | $11.9M | $10.6M | $44.7M | $82.4M | $51.1M | $21.5M | $19.7M | $1 |
| Other current assets | $1.34B | $974.9M | $769.7M | $543.9M | $479.5M | $753,000 | $533,000 | $720,000 | $0 | $0 |
| Total current assets | $1.52B | $1.11B | $881.3M | $652.5M | $603.1M | $135.9M | $94.2M | $75.1M | $182,132 | $418,776 |
| Property, plant & equipment (net) | $58.6M | $52.5M | $44.7M | $34.7M | $25.2M | $22.9M | $23.5M | $17.5M | $11.9M | $9.9M |
| Goodwill & intangible assets | $731.8M | $617.0M | $649.5M | $658.1M | $706.0M | $204.9M | $292.3M | $234.2M | $143.6M | $151.6M |
| Long-term investments | $0 | $0 | $0 | $3.2M | $0 | $0 | $0 | $0 | $1.4M | $1.5M |
| Other non-current assets | $93.3M | $52.3M | $39.9M | $24.9M | $17.6M | $54.2M | $54.4M | $52.6M | $0 | $0 |
| Total assets | $2.40B | $1.83B | $1.62B | $1.37B | $1.35B | $417.8M | $464.5M | $379.3M | $55.3M | $55.2M |
| Liabilities | ||||||||||
| Accounts payable | $19.6M | $14.6M | $11.0M | $6.5M | $5.2M | $21.8M | $7.0M | $27.6M | $349,292 | $111,011 |
| Short-term debt | $1.0M | $9.5M | $6.7M | $6.2M | $6.2M | $19.4M | $4.0M | $3.3M | $27,500 | $27,500 |
| Deferred revenue | $2.0M | $2.2M | $3.9M | $2.6M | $5.0M | $2.9M | $4.9M | $3.3M | $4.9M | — |
| Total current liabilities | $1.41B | $1.05B | $852.1M | $630.0M | $583.6M | $148.8M | $93.0M | $63.3M | $388,408 | $150,127 |
| Long-term debt | $1.04B | $920.9M | $632.0M | $598.9M | $604.1M | $357.9M | $485.6M | $402.1M | $0 | $0 |
| Lease obligations | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Other long-term liabilities | $41.5M | $19.3M | $18.8M | $11.6M | $18.3M | $9.7M | $6.6M | $7.9M | $1.1M | $1.1M |
| Total liabilities | $2.49B | $1.99B | $1.50B | $1.24B | $1.21B | $516.4M | $585.2M | $473.3M | $1.5M | $1.2M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $82,000 | $77,000 | $77,000 | $76,000 | $77,000 | $68,000 | $68,000 | $67,000 | $48.8M | $48.9M |
| Retained earnings (deficit) | −$91.5M | −$147.1M | −$135.0M | −$102.2M | −$100.1M | −$102.0M | −$127.7M | −$94.1M | −$243,075 | −$118,221 |
| Treasury stock | — | — | — | −$11.6M | −$4.1M | −$2.4M | −$2.4M | $0 | $0 | $0 |
| Accumulated other comprehensive income | −$210,000 | −$176,000 | −$29,000 | $0 | $0 | $0 | $0 | −$26.7M | −$21.6M | −$48.9M |
| Minority interest | $8.0M | $1.8M | $1.7M | $1.3M | — | — | — | $0 | $0 | $0 |
| Total shareholders' equity | −$100.4M | −$166.8M | $110.9M | $131.5M | $145.9M | −$98.6M | −$126.3M | −$94.0M | $53.8M | $53.9M |
| Key figures | ||||||||||
| Total debt | $1.05B | $930.4M | $638.7M | $605.1M | $610.3M | $377.3M | $489.6M | $405.4M | $27,500 | $27,500 |
| Net cash (debt) | −$969.3M | −$871.8M | −$599.1M | −$586.7M | −$590.0M | −$368.1M | −$486.4M | −$389.8M | $144,696 | $335,035 |
| Working capital | $104.7M | $53.4M | $29.2M | $22.5M | $19.6M | −$13.0M | $1.2M | $11.8M | −$206,276 | $268,649 |
| Tangible book value | −$832.2M | −$783.8M | −$538.6M | −$526.6M | −$560.0M | −$303.5M | −$418.7M | −$328.2M | −$89.8M | −$97.6M |
| Book value per share | −$1.23 | −$2.14 | $1.42 | $1.68 | $2.03 | −$1.47 | −$1.88 | −$1.53 | — | — |
| Shares outstanding | 81.5M | 78.0M | 78.3M | 78.2M | 71.9M | 67.3M | 67.1M | 61.6M | — | — |
| Current ratio | 1.07 | 1.05 | 1.03 | 1.04 | 1.03 | 0.91 | 1.01 | 1.19 | 0.47 | 2.79 |
| Quick ratio | 0.12 | 0.12 | 0.12 | 0.16 | 0.14 | 0.35 | 0.46 | 0.84 | 122.56 | 240.30 |
| Debt / equity | — | — | 5.76 | 4.60 | 4.18 | — | — | — | 0.00 | 0.00 |
| Equity / assets | −4.2% | −9.1% | 6.9% | 9.6% | 10.8% | −23.6% | −27.2% | −24.8% | 97.4% | 97.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $120.3M | $108.6M | $77.2M | $70.0M | $64.8M | $47.6M | $58.6M | $41.1M | $34.6M | $34.3M | $39.6M | $24.6M |
| Cash & equivalents | $120.3M | $108.6M | $77.2M | $70.0M | $64.8M | $47.6M | $58.6M | $41.1M | $34.6M | $34.3M | $39.6M | $24.6M |
| Receivables | $94.8M | $91.0M | $93.4M | $94.2M | $89.3M | $82.5M | $71.6M | $76.0M | $67.9M | $69.1M | $60.0M | $62.7M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$19.1M | $1 | $0 | $11.9M | $13.9M |
| Other current assets | $1.42B | $1.39B | $1.34B | $1.22B | $1.15B | $1.03B | $974.9M | $931.0M | $834.5M | $778.9M | $769.7M | $725.4M |
| Total current assets | $1.63B | $1.58B | $1.52B | $1.39B | $1.31B | $1.16B | $1.11B | $1.03B | $937.1M | $882.3M | $881.3M | $826.6M |
| Property, plant & equipment (net) | $62.3M | $59.8M | $58.6M | $59.3M | $57.5M | $53.7M | $52.5M | $51.6M | $49.8M | $48.1M | $44.7M | $41.9M |
| Goodwill & intangible assets | $704.0M | $719.1M | $731.8M | $684.8M | $607.5M | $618.4M | $617.0M | $624.9M | $634.7M | $637.8M | $649.5M | $661.3M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $96.8M | $102.7M | $93.3M | $86.4M | $56.5M | $55.0M | $52.3M | $54.3M | $51.8M | $41.7M | $39.9M | $33.6M |
| Total assets | $2.50B | $2.47B | $2.40B | $2.22B | $2.03B | $1.89B | $1.83B | $1.76B | $1.67B | $1.61B | $1.62B | $1.56B |
| Liabilities | ||||||||||||
| Accounts payable | $57.5M | $58.8M | $19.6M | $61.2M | $49.2M | $54.4M | $14.6M | $67.0M | $66.7M | $49.3M | $11.0M | $56.1M |
| Short-term debt | $3.1M | $525,000 | $1.0M | $10.0M | $4.3M | $1.9M | $9.5M | $8.3M | $8.3M | $6.7M | $6.7M | $6.2M |
| Deferred revenue | $1.6M | $2.7M | $2.0M | $2.1M | $3.4M | $2.5M | $2.2M | $4.2M | $3.6M | $4.1M | $3.9M | $6.6M |
| Total current liabilities | $1.48B | $1.46B | $1.41B | $1.30B | $1.23B | $1.10B | $1.05B | $991.2M | $913.5M | $849.9M | $852.1M | $810.0M |
| Long-term debt | $1.04B | $1.05B | $1.04B | $997.5M | $917.0M | $918.9M | $920.9M | $808.1M | $809.0M | $631.4M | $632.0M | $616.8M |
| Other long-term liabilities | $41.3M | $40.4M | $41.5M | $23.5M | $25.4M | $26.5M | $19.3M | $19.2M | $15.5M | $16.7M | $18.8M | $18.5M |
| Total liabilities | $2.57B | $2.55B | $2.49B | $2.33B | $2.17B | $2.05B | $1.99B | $1.82B | $1.74B | $1.50B | $1.50B | $1.45B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $82,000 | $82,000 | $82,000 | $82,000 | $80,000 | $77,000 | $77,000 | $77,000 | $76,000 | $76,000 | $77,000 | $77,000 |
| Retained earnings (deficit) | −$71.8M | −$81.7M | −$91.5M | −$100.4M | −$128.0M | −$138.9M | −$147.1M | −$146.6M | −$153.5M | −$141.4M | −$135.0M | −$123.7M |
| Accumulated other comprehensive income | −$674,000 | −$563,000 | −$210,000 | −$195,000 | $84,000 | −$133,000 | −$176,000 | −$66,000 | −$38,000 | −$42,000 | −$29,000 | −$34,000 |
| Minority interest | $8.1M | $8.1M | $8.0M | $1.8M | $2.0M | — | — | — | — | — | — | — |
| Total shareholders' equity | −$79.2M | −$89.9M | −$100.4M | −$110.3M | −$146.1M | −$158.3M | −$166.8M | −$60.7M | −$66.4M | $104.4M | $110.9M | $116.7M |
| Key figures | ||||||||||||
| Total debt | $1.05B | $1.05B | $1.05B | $1.01B | $921.3M | $920.8M | $930.4M | $816.4M | $817.4M | $638.1M | $638.7M | $623.0M |
| Net cash (debt) | −$927.5M | −$937.9M | −$969.3M | −$937.6M | −$856.5M | −$873.2M | −$871.8M | −$775.4M | −$782.8M | −$603.8M | −$599.1M | −$598.4M |
| Working capital | $151.8M | $122.9M | $104.7M | $82.0M | $76.7M | $61.9M | $53.4M | $37.7M | $23.6M | $32.4M | $29.2M | $16.6M |
| Tangible book value | −$783.2M | −$809.0M | −$832.2M | −$795.1M | −$753.6M | −$776.7M | −$783.8M | −$685.6M | −$701.1M | −$533.4M | −$538.6M | −$544.6M |
| Book value per share | −$0.94 | −$1.07 | −$1.20 | −$1.36 | −$1.83 | −$1.98 | −$2.13 | −$0.76 | −$0.85 | $1.34 | $1.41 | $1.49 |
| Shares outstanding | 83.8M | 83.6M | 83.6M | 81.1M | 79.8M | 79.9M | 78.2M | 80.1M | 77.7M | 78.0M | 78.5M | 78.4M |
| Current ratio | 1.10 | 1.08 | 1.07 | 1.06 | 1.06 | 1.06 | 1.05 | 1.04 | 1.03 | 1.04 | 1.03 | 1.02 |
| Quick ratio | 0.15 | 0.14 | 0.12 | 0.13 | 0.13 | 0.12 | 0.12 | 0.12 | 0.11 | 0.12 | 0.12 | 0.11 |
| Debt / equity | — | — | — | — | — | — | — | — | — | 6.11 | 5.76 | 5.34 |
| Equity / assets | −3.2% | −3.6% | −4.2% | −5.0% | −7.2% | −8.4% | −9.1% | −3.5% | −4.0% | 6.5% | 6.9% | 7.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 10, 2026); data from EODHD.
PRTH financial position
At the end of fiscal 2025 (December 31, 2025), Priority Technology had total assets of $2.4 billion (up 31.3% from a year earlier), total liabilities of $2.5 billion and shareholders' equity of -$100.4 million. It held $77.2 million in cash and short-term investments against $1.0 billion of debt, net debt of $969.3 million. Its current ratio was 1.07. In the latest quarter (ended June 30, 2026) total assets were $2.5 billion and equity -$79.2 million.
Related: PRTH income statement, PRTH cash flow statement, PRTH key metrics. See the PRTH stock overview for the latest quote and news.
PRTH balance sheet FAQ
What are Priority Technology's total assets?
Priority Technology reported total assets of $2.4 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.8 billion a year earlier.
How much debt does Priority Technology have?
Priority Technology had $1.0 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was —.
How much cash does Priority Technology have?
Priority Technology held $77.2 million in cash and short-term investments at the end of fiscal 2025; with $1.0 billion of debt that is net debt of $969.3 million.
What is Priority Technology's book value?
Priority Technology's shareholders' equity (book value) was -$100.4 million at the end of fiscal 2025, or −$1.23 per share.
What is Priority Technology's current ratio?
Priority Technology had current assets of $1.5 billion and current liabilities of $1.4 billion, a current ratio of 1.07 (it can cover its short-term obligations).
How much goodwill does Priority Technology have?
Priority Technology carried $731.8 million of goodwill and intangible assets, 30.5% of total assets, at the end of fiscal 2025.